BetMGM Horse Racing Review and Promo Code

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Since 2018, MGM Resorts has been creating a buzz in the realm of online betting. This renowned American gambling company ventured into the digital arena through a collaboration with GVC Holdings (now called Entain), resulting in the establishment of Roar Digital. From Roar Digital, the highly successful BetMGM Sports emerged. Building upon this triumph, MGM executives made the decision to further enrich their digital collection in 2021.

Top racebook welcome bonus in 2024

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As a result, a partnership was formed between BetMGM and the New York Racing Association, including its online sportsbook, NYRA Bets. This collaboration grants BetMGM the opportunity to provide horse race betting options at over 200 tracks. With a wide range of odds and bets, BetMGM Racing offers an extensive selection that is hard to match, catering to customers from the US to the UK.

Although the BetMGM horse betting app is still undergoing refinements, we have conducted research to provide some information about its upcoming features. In this BetMGM Racing review, we will delve into the collaboration between MGM and NYRA Bets, as well as discuss promotions, betting choices, and payment methods. If you are eager to begin racing with BetMGM, let’s proceed with the review.

Why choose BetMGM Racing?

  • NYRA Bets is connected to a legitimate gambling platform.
  • You have access to races held at over 200 tracks.
  • Fantastic promotions.
  • Place your bets using a computer or a mobile device.

BetMGM Racing sign-up bonus

Can we anticipate the BetMGM Racing welcome bonus? It’s hard to say for sure since we can’t predict the future, and anything we speculate on may change. However, we can examine the current offerings of BetMGM Sports and NYRA Bets to get an idea of what the sign-up bonus for BetMGM Racebook might resemble.

If you sign up with BetMGM Sportsbook, you have the opportunity to receive a safeguarded bet worth as much as $1,000. While we cannot guarantee that the same deal will be available at BetMGM Racing, there might be a comparable offer up for grabs. If it’s not a protected initial bet, chances are it will be a bonus for making a deposit. For newcomers, NYRA Bets currently provides bonus bets of up to $200.

This offer works by doubling your deposit amount, but only if you wager twice the value of the deposit. For instance, if you deposit $100, you need to place bets worth $200 within 30 days. Once you meet this requirement, you will receive bonus bet credits equal to your initial deposit, which in this case is $100. The maximum amount you can receive as a welcome bonus is $200, which may be less appealing compared to BetMGM Sports. However, the racing sign-up bonus could potentially be a middle ground between the two, making it a worthwhile goal to aim for.

BetMGM Racing NY promo code 2024

NY BetMGM Racebook Promo Code Coming soon
Welcome Bonus TBD
Last Updated May 2024

All offers are subject to terms and conditions. For more information, please refer to BetMGM Racebook. If you are 21 years or older and have a gambling problem, please call 1-800-GAMBLER+.

Do I need a BetMGM Racing promo code?

We can provide you with a BetMGM Racing bonus code if needed. Currently, the code for BetMGM Sportsbook NY is PLAYBONUS, indicating that there may also be a code available for its horse racing counterpart. Remember to revisit this review for any future updates.

BetMGM Racing New York promotions

At the BetMGM horse race betting site, you will find a wide range of promotions and giveaways. Standard offerings include bonus bets, cashback, enhanced odds, and parlay boosts. Additionally, NYRA Bets is known for its generous reload bonuses, especially during major races. For instance, during the Kentucky Derby, BetMGM Racing may offer a $20 reload bonus to create excitement.

In addition to that, it is evident that MGM highly regards loyalty. The renowned M life Rewards program offers a plethora of incentives and presents. For instance, sports bettors who wager a total of $50 on straight bets receive nine iRewards Points, while those who stake the same amount on parlays earn 12.5 iRPs. As you accumulate more iRPs, you ascend the M life VIP rankings, which come with increased benefits such as point multipliers, additional bonuses, and enhanced overall value. Therefore, being actively involved can be rewarding.

The same principle is likely to be applicable at BetMGM Racing. However, it is important to avoid wagering more than you can afford. Nevertheless, if you actively participate, you will increase your chances of accessing this additional value.

How to create a BetMGM Racing account in NY

To become a member of BetMGM Racing NY, follow these steps:

  1. Go to the racebook website and enter your information on the registration page in order to create your BetMGM Racing login.
  2. Please activate the geolocation tracker when prompted, as it allows the app to verify your presence in a valid location.
  3. Please confirm your age and identity.
  4. To get started, simply log into your account, navigate to the cashier page, proceed to make a deposit, and then begin placing bets on the horses.

BetMGM horse racing app review

BetMGM Racing is the result of combining the assets of MGM and NYRA Bet. In essence, it will utilize NYRA Bet’s horse racing resources, allowing users to access races from various locations globally.

Before we proceed to discuss the practical implications, it is necessary to provide an explanation of the functions of NYRA Bets. NYRA Bets is the online platform associated with the New York Racing Association, a nonprofit organization that oversees three of the most prominent racecourses in New York.

  • Located in South Ozone Park, Aqueduct Racetrack is a prominent horse racing venue.
  • Belmont Park in Elmont
  • Located in Saratoga Springs, the Saratoga Racecourse is a popular destination for horse racing enthusiasts.

In addition to overseeing these tracks, the NYRA also operates an advance deposit wagering service since 2016. This service enables the NYRA to provide horse racing betting options to customers in 30 different states. With advance deposit wagering, customers are required to have funds in their accounts, meaning credit betting is not allowed. To accommodate customers interested in betting on races from various locations worldwide using their computer or iOS or Android mobile device, the NYRA developed NYRA Bets.

BetMGM Racing software: Best features

By partnering with BetMGM, NYRA and BetMGM will each contribute their unique offerings. NYRA will provide access to horse racing, while BetMGM will bring their cutting-edge software and expertise in sports betting.

BetMGM Racing offers an array of impressive features that elevate the race betting experience, thanks to the collaboration between MGM Resorts and Entain under the Roar Digital brand. Here are a few standout highlights of the app:

Easy access via any device

BetMGM Racing can be accessed on any device, as long as you are in a licensed state and meet the age requirements. Whether you are using a PC, Mac, iPhone, iPad, or Android device, you can enjoy betting on racing from virtually anywhere in the world.

Stats, tips and racing reviews

At BetMGM Horse Racing, you’ll have an abundance of information and insights at your disposal. From up-to-date results and current form to the weight of the jockey, the rating (grade) of the horse, and even the conditions of the track, you can acquire comprehensive knowledge about a race prior to its commencement.

In addition, the BetMGM Racing blog offers the opportunity to stay updated on recent events, receive sneak peeks of upcoming races, and absorb valuable advice from betting professionals. While horse betting tips may vary in personal opinions, they serve as an excellent foundation. When combined with objective statistical analysis, these tips can assist in honing your selections and potentially securing some victories.

Streaming and video replays

The BetMGM Racing app offers the opportunity to watch numerous live races every year. NYRA Bets also provides a crucial feature of live streaming, encompassing various races, including the Belmont Stakes and the Grand National. With a wide range of options available, you can enjoy both US showdowns and international races. In case you miss out on the live streams, video replays are also provided, allowing you to catch up on all the action.

Is BetMGM Racing legal In NY?

Indeed it is. NYRA Bets operates out of New York and is authorized in 30 states, making it accessible for betting on both local and international horse racing events across the United States via its collaboration with BetMGM.

Types of bets available at BetMGM Racing

At BetMGM, you have a wide range of horse racing bets to choose from. Whether you prefer singles, parlays, exotics, or exactas, we’ve got you covered. Additionally, you can participate in top races with bets as low as $1. All you need to decide is which horse to bet on and the level of precision you desire in your prediction. Check out some popular betting options below:

  • Bet on the winner of a race with a single outright win bet.
  • An each-way bet involves betting on a horse to win, or alternatively, to finish in second or third place. In some cases, if there are enough horses in the race, you might still make a profit even if your chosen horse finishes fourth or fifth.
  • A parlay bet involves selecting the winners of multiple races. When you correctly predict the winners of two races, it is called a double. If you manage to pick the winners of three races, it is referred to as a treble. For anything beyond three races, it is termed as a parlay or alternatively known as a “Pick 4”.

Parlay bets come with a condition – all selections must be correct for the bet to win. For instance, in a four-pick parlay, all four horses must triumph in their races; if even one fails, the entire bet is lost. Consequently, parlay bets often offer substantial odds due to this caveat.

One important aspect to consider is that each-way parlays can be made, enabling your selections to either win or place. Additionally, you have the opportunity to cash out your bet before its regular completion. This functionality provides you with a cash amount determined by the current state of your bet. If you decide to accept it, the bet will be concluded, and you will receive the corresponding payout, regardless of any forthcoming outcomes.

  • To win an Exacta bet, you must accurately predict the first and second place horses in a single race. This wager requires you to correctly guess the precise order of their finish.
  • A trifecta bet is similar to an exacta, but instead of selecting the top two finishers in a race, you must choose the first three.
  • The Superfecta is similar to other bets, but it requires selecting the four horses that will finish a race in the exact order.

Sports you can bet on at BetMGM Racing in New York

At BetMGM Racing, horse racing is the sole sport available for betting. The advantageous aspect of collaborating with NYRA Bets is that BetMGM now has the privilege of offering races from more than 200 locations. In addition to the prominent horse racing events in the United States, you can now place bets on races from Europe, Asia, and the Middle East. This expanded selection includes various options to suit your preferences.

How to deposit and cash out on the BetMGM Racing app

Can you trust that your money is secure on BetMGM Racing? Absolutely. BetMGM Racing is not only a licensed and reputable betting company, but NYRA Bets also holds the same credentials. Moreover, with Entain’s outstanding international reputation for excellence, you can be confident that your bankroll is well-protected on this site.

In addition to that, you can find further reassurance with a couple of extra guarantees. One such guarantee is the presence of sports betting regulations in the US, which not only oversee the processes of depositing and withdrawing funds but also dictate how bookmakers handle and store customer funds. The key aspect here is that licensed bookmakers are legally bound to keep your money in separate accounts. This ensures that your funds remain untouched, even in the event of financial troubles faced by the company.

Furthermore, all your banking options are independently regulated and well-established. The minimum deposit amounts are $10 or higher, and for withdrawals, the minimum limit is $20 or more. These options can be utilized through the following methods:

BetMGM Racing payment methods

  • Mastercard
  • Visa
  • Discover
  • PayPal
  • Online banking
  • Electronic transfers
  • VIP Preferred e-check
  • M life Rewards Mastercard

Who runs BetMGM Racing?

BetMGM Racing is a joint venture between MGM Resorts and Entain that has teamed up with the NYRA to enter the horse racing industry. Being licensed and regulated in the US ensures that you can enjoy a high-quality and legitimate betting experience.

Why join BetMGM Racing?

If you’re a horse racing enthusiast, joining is a no-brainer. While sports betting is gaining popularity in the US, only a few sportsbooks truly understand the intricacies of horse racing. Fortunately, NYRA Bets has been involved in the racing industry since 2016, making them a reliable choice.

The partnership offers a wide range of benefits, thanks to the impressive combination of BetMGM’s expertise in the online sports betting world. With great odds and offers, live streams, statistics, and tips for races at over 200 tracks, the end result is truly remarkable.

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